Nashville, TN Rental Market Trends
What is the average rent in Nashville?
The average rent for an apartment in Nashville is $1,761. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Nashville, TN
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,761 | 883 sq. ft. |
What is the average apartment size in Nashville?
The average size for a Nashville, TN apartment is 883 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Nashville, TN apartment rent ranges
Nashville, TN Occupied Housing Units
97,118 or 47% of the households in Nashville, TN are renter-occupied while 108,813 or 53% are owner-occupied.
Nashville, TN rent trends
Average Rent in Nashville, TN By Neighborhood
| City | Average Rent |
|---|---|
| 8th Avenue South | $2,238 |
| Elliston Place | $2,238 |
| The Gulch | $2,238 |
| SoBro | $2,231 |
| Midtown - Vanderbilt University | $2,214 |
| Downtown Nashville | $2,209 |
| Green Hills | $1,958 |
| Germantown | $1,947 |
| Hillwood | $1,799 |
| Charlotte Park | $1,723 |
| Hillwood Heights | $1,723 |
| McKissack Park | $1,723 |
| Robertson | $1,723 |
| Sylvan Park | $1,723 |
| Bellevue | $1,708 |
| Elm Hill Acres | $1,679 |
| Raymond Heights | $1,679 |
| Ruthledge Hill - Lafayette | $1,679 |
| Aldrich Heights | $1,656 |
| Capitol View | $1,656 |
| Haynes Manor | $1,656 |
| Trinity Hills | $1,656 |
| Edgefield | $1,653 |
| Greenwood | $1,653 |
| Talbot's Corner | $1,554 |
| Berry Hill | $1,505 |
| Radnor | $1,505 |
| Donelson | $1,484 |
| Bakertown Gardens | $1,471 |
| Caldwell Hall | $1,471 |
| Cedarmont Estates | $1,471 |
| Crieve Hall | $1,471 |
| Elysian Park | $1,471 |
| Grandview Heights | $1,471 |
| Luna Heights | $1,471 |
| Murray Heights | $1,471 |
| Providence Park | $1,471 |
| Russwurm Heights | $1,471 |
| Sugar Valley | $1,471 |
| Valley Brook | $1,471 |
| Whispering Hills | $1,471 |
| Una Manor | $1,446 |
| Nashville International Airport | $1,426 |
| Four Maples | $1,392 |
| Harbour Town Village | $1,392 |
| Miro Meadows | $1,392 |
| Nashboro Village | $1,392 |
| Patricia Heights | $1,392 |
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What are the most affordable neighborhoods in Nashville?
The most affordable neighborhoods in Nashville are Four Maples, where the average rent goes for $1,392/month, Harbour Town Village, where renters pay $1,392/mo on average, and Miro Meadows, where the average rent goes for $1,392/mo. If you’re looking for other great deals, check out the listings from Nashboro Village ($1,392), Patricia Heights ($1,392), and Nashville International Airport ($1,426), where the asking prices are below the average Nashville rent of $1,761/mo.
What are the most expensive neighborhoods in Nashville?
The most expensive neighborhoods in Nashville are 8th Avenue South ($2,238), Elliston Place ($2,238) and The Gulch ($2,238).
What are the most popular neighborhoods in Nashville?
The most popular neighborhood in Nashville is SoBro, where there are 2 listings with an average rent of $2,231. Next up is Bakertown Gardens, where apartments go for $1,471/month, followed by Bellevue with $1,708 If you’re looking to rent in Nashville’s most popular neighborhoods, make sure to also check out Crieve Hall, where renters pay $1,471 on average, and Elliston Place, where the average monthly rent is $2,238.
Nashville | Rent Comparison by Neighborhood
Rent in 8th Avenue South is 35% higher than in Aldrich Heights
$2,238
8th Avenue South rent is 27% higher than Nashville average
Average Rent
$2,238
$1,656
Aldrich Heights rent is 6% lower than Nashville average
Average Rent
$1,656
How Nashville Compares to Other Cities
| State | Average Rent |
|---|---|
| Memphis | $1,082 |
| Nashville | $1,761 |
| Knoxville | $1,679 |
| Shelbyville | $1,028 |
| Chattanooga | $1,396 |
| Johnson City | $1,364 |
What is the average price for a storage unit in Nashville?
The average rent for a non-climate-controlled 10'x10' storage unit in Nashville is $121.5. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Nashville
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Reserved: RCQA Blue Moon V1
901 Broadway, Nashville, TN 37202| 1 BED | $1,000 |
| 2 BEDS | $1,200 |
| 3 BEDS | $1,300 |
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3975 Frum Street
3975 Frum Street, Nashville, TN 37203| 1 BED | $20,000 |
The SoBro
205 Demonbreun, Nashville, TN 37201| 1 BED | $787 |
| 2 BEDS | $903+ |
| 3+ BEDS | $1,207 |
115 Bakertown Road
115 Bakertown Road, Nashville, TN 37013| 1 BED | $3,456 |